Track_Shovel@slrpnk.net to News@lemmy.worldEnglish · 2 days agoThousands of Los Angeles homeowners were dropped by their insurers before the Palisades Firewww.cbsnews.comexternal-linkmessage-square181fedilinkarrow-up1686arrow-down19file-text
arrow-up1677arrow-down1external-linkThousands of Los Angeles homeowners were dropped by their insurers before the Palisades Firewww.cbsnews.comTrack_Shovel@slrpnk.net to News@lemmy.worldEnglish · 2 days agomessage-square181fedilinkfile-text
minus-squareColeSloth@discuss.tchncs.delinkfedilinkarrow-up36·2 days agoEspecially for the palisades $3,500,000 homes. At $50,000 a year it would take 70 years of payments.
minus-squareCethinlinkfedilinkEnglisharrow-up5·1 day agoWell, it should be proportional to the value they’re covering * the risk of loss, so they’re probably paying much more than $50000/year.
Especially for the palisades $3,500,000 homes.
At $50,000 a year it would take 70 years of payments.
Well, it should be proportional to the value they’re covering * the risk of loss, so they’re probably paying much more than $50000/year.